Maddy Loftus Memorial Scholarship Fund
Nonprofit profile at a glance
- EIN
- 686261658
- IRS 990-EZ coverage
- 2013–2017
- Forms available
- Form 990-EZ 2017
- Location
- Parsippany, NJ, USA
- Phone
- 9086427265
- Rating confidence
- Limited
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $0
- Expenses
- $600
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ANNA MARIE RUSSO (PRESIDENT)
People named in this filing
- ANNA MARIE RUSSO (PRESIDENT)
- CAROL WILLIE (TREASURER)
- DANA DIGIOACCHINO (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Scholarship awards
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 83.2% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: -17.3% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $97K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 4 of 5 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2013 to 2017
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.